Search found 303 matches

by hudson4351
Fri Jul 21, 2017 11:31 am
Forum: Investing - Theory, News & General
Topic: Can real estate investing (actual properties) be relatively "hands off"?
Replies: 50
Views: 5874

Re: Can real estate investing be relatively "hands off"?

Can real estate be a nearly “hands off” investment in the same way that index funds are? Vanguard REIT Index Fund would seem to be what you are asking about. https://personal.vanguard.com/us/funds/snapshot?FundId=5123&FundIntExt=INT I've edited my OP to clarify that I am only talking about directly...
by hudson4351
Thu Jul 20, 2017 5:18 pm
Forum: Investing - Theory, News & General
Topic: Can real estate investing (actual properties) be relatively "hands off"?
Replies: 50
Views: 5874

Can real estate investing (actual properties) be relatively "hands off"?

Clarification: When I say "real estate investing", I am only referring to owning actual properties, not REITs, which do not allow you to benefit from leverage in the same way that owning actual properties do. Can real estate be a nearly “hands off” investment in the same way that index funds are? I ...
by hudson4351
Sat Jan 07, 2017 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: taxable rebalance questions
Replies: 5
Views: 347

Re: taxable rebalance questions

No. You just need to wait 1-2 days and then the Vanguard funds will start using specID rather than FIFO. It just takes Vanguard a few days to actually make those changes to your account so that you can see them. Wait 1-2 days after what, the sell/exchange transaction? If that's what you mean, then ...
by hudson4351
Sat Jan 07, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: taxable rebalance questions
Replies: 5
Views: 347

Re: taxable rebalance questions

No. You just need to wait 1-2 days and then the Vanguard funds will start using specID rather than FIFO. It just takes Vanguard a few days to actually make those changes to your account so that you can see them. Wait 1-2 days after what, the sell/exchange transaction? If that's what you mean, then ...
by hudson4351
Sat Jan 07, 2017 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: taxable rebalance questions
Replies: 5
Views: 347

taxable rebalance questions

It's time to do my annual rebalance and I'm thinking about decreasing my allocation to bonds (all in intermediate term tax-exempt, VWIUX) and increasing allocation to TSM/TISM. This is all in a taxable account. My understanding is that while the dividends from VWIUX are exempt from federal taxes, th...
by hudson4351
Sun Jun 26, 2016 11:33 am
Forum: Personal Finance (Not Investing)
Topic: How to enter a Roth conversion into Quicken?
Replies: 11
Views: 2716

Re: How to enter a Roth conversion into Quicken?

I had the same question as the OP and found this post. Here is my follow up question: In my rollover IRA, I sold TSM and TISM to buy only TISM in my Roth IRA. In my Rollover IRA, the TSM transaction shows up as an "Exchange From", and the TISM transaction shows up as a "Transfer"...
by hudson4351
Tue May 31, 2016 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis in rollover IRA account
Replies: 5
Views: 576

Re: cost basis in rollover IRA account

In a taxable account, Vanguard keeps track of individual lots when you make a purchase/contribution, so that when you sell you have the option of selecting particular lots to sell, which will affect the taxes owed. This information does not seem to exist on Vanguard's website for IRA accounts. I was...
by hudson4351
Tue May 31, 2016 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis in rollover IRA account
Replies: 5
Views: 576

cost basis in rollover IRA account

I have a rollover IRA account at Vanguard that came entirely from pre-tax 401k rollovers. I don't see any basis information for this account on Vanguard's website. Is there any reason I would ever need to know basis information for a deductible IRA (or Roth IRA)?
by hudson4351
Sat May 21, 2016 11:01 am
Forum: Investing - Help with Personal Investments
Topic: recording a roth IRA recharacterization in Quicken
Replies: 2
Views: 364

Re: recording a roth IRA recharacterization in Quicken

Does Vanguard even track basis (i.e. specific lot numbers of contributions and withdrawals) in IRAs? I'm looking at the website now and don't see that information anywhere.
by hudson4351
Sun Apr 24, 2016 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: recording a roth IRA recharacterization in Quicken
Replies: 2
Views: 364

recording a roth IRA recharacterization in Quicken

I accidentally contributed too much to my Roth IRA in 2014 (for tax year 2014) and had to recharacterize part of that contribution in 2015 to a traditional, non-deductible IRA. I already handled all of the tax paperwork, but now I'm trying to reconcile my Roth IRA account in Quicken and am stuck on ...
by hudson4351
Sat Feb 27, 2016 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA recharacteriztion: do I need to file amended return?
Replies: 5
Views: 641

Re: Roth IRA recharacteriztion: do I need to file amended return?

What about the fact that the "The Amount Transferred (Recharacterization plus earnings or losses):" on my Explanation Statement is incorrect? I entered $3000 by mistake; the actual amount transferred was $3136.78. That number only appears on the explanation statement; it doesn't appear to ...
by hudson4351
Thu Feb 25, 2016 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA recharacteriztion: do I need to file amended return?
Replies: 5
Views: 641

Re: Roth IRA recharacteriztion: do I need to file amended return?

You must have made an incorrect entry to Ttax. The software response matches that of returned contribution, not a recharacterized contribution. What code is in Box 7 of the 1099R? I assume you left 2,500 of the Roth contribution untouched in the Roth. Box 7 is R. I did leave the other $2500 in the ...
by hudson4351
Wed Feb 24, 2016 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA recharacteriztion: do I need to file amended return?
Replies: 5
Views: 641

Roth IRA recharacteriztion: do I need to file amended return?

On 11/19/2014, I contributed $5500 to my Vanguard Roth IRA for tax year 2014 that ended up being $3000 too high due to income limits. On 4/13/2015 I had $3000 of my contribution recharacterized as a non-deductible contribution to an existing traditional/rollover IRA at Vanguard. In my 2014 tax retur...
by hudson4351
Wed Feb 24, 2016 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Should I make backdoor Roth IRA contributions?
Replies: 17
Views: 2496

Re: Should I make backdoor Roth IRA contributions?

I'm bumping this thread because I had a follow up question. I reviewed the "IRA Distribution Form" that Vanguard sent me and spoke to Vanguard again, and now Vanguard is again saying they have no way to separate out my deductible IRA contributions from my non-deductible IRA contributions t...
by hudson4351
Mon Dec 21, 2015 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: question about "avoid buying the dividend"
Replies: 24
Views: 4473

Re: question about "avoid buying the dividend"

For stocks that pay regular dividends quarterly, this probably does not matter. Many mutual funds only pay dividends once a year, and usually late in the year. If you buy in late December and the dividend is paid a few days later and credited as a reinvestment, you will have taxable income in this ...
by hudson4351
Mon Dec 21, 2015 11:49 am
Forum: Investing - Help with Personal Investments
Topic: question about "avoid buying the dividend"
Replies: 24
Views: 4473

Re: question about "avoid buying the dividend"

For stocks that pay regular dividends quarterly, this probably does not matter. Many mutual funds only pay dividends once a year, and usually late in the year. If you buy in late December and the dividend is paid a few days later and credited as a reinvestment, you will have taxable income in this ...
by hudson4351
Thu Dec 17, 2015 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: question about "avoid buying the dividend"
Replies: 24
Views: 4473

Re: question about "avoid buying the dividend"

For stocks that pay regular dividends quarterly, this probably does not matter. Many mutual funds only pay dividends once a year, and usually late in the year. If you buy in late December and the dividend is paid a few days later and credited as a reinvestment, you will have taxable income in this ...
by hudson4351
Thu Dec 17, 2015 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: question about "avoid buying the dividend"
Replies: 24
Views: 4473

Re: question about "avoid buying the dividend"

They mean you can accumulate the 60 days after you buy the stock. From investopedia: Qualified dividends are taxed at either 0% or 15% depending on the tax status of the investor. Dividends collected with a short term dividend capture strategy fail to meet the necessary holding conditions to receiv...
by hudson4351
Sun Nov 22, 2015 1:05 am
Forum: Investing - Help with Personal Investments
Topic: Should I make backdoor Roth IRA contributions?
Replies: 17
Views: 2496

Re: Should I make backdoor Roth IRA contributions?

Just as an update, I verified that my employer's 401k plan (and Fidelity) allows you to rollover a tax-deductible IRA (rollover in my case). At first Vanguard told me that this would not be possible because I have both rollover tax-deductible contributions and non-deductible contributions in the sam...
by hudson4351
Mon Nov 16, 2015 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Should I make backdoor Roth IRA contributions?
Replies: 17
Views: 2496

Re: Should I make backdoor Roth IRA contributions?

In general, is it better to pay the tax up front or when the money is withdrawn during retirement? My analysis is based on the link I posted above at the finance buff's website, which seems to favor traditional accounts. It all depends on your tax situation. In my tax situation where I was high inc...
by hudson4351
Sun Nov 15, 2015 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Should I make backdoor Roth IRA contributions?
Replies: 17
Views: 2496

Re: Should I make backdoor Roth IRA contributions?

Just to make sure I understand this, the total amount of tax paid would be the same if the conversion was spread out across a few years, correct? In each year the nondeductible portion of the IRA that was being converted would be subject to income taxes at my marginal rate. Probably a typo.... but ...
by hudson4351
Sun Nov 15, 2015 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Should I make backdoor Roth IRA contributions?
Replies: 17
Views: 2496

Re: Should I make backdoor Roth IRA contributions?

2) You could slowly convert your IRA each year to a Roth IRA (that way you minimize the tax hit) Perhaps convert $10,000 each year for 3 years. This would be in lieu of a Roth contribution. Also, when the market drops (like August) - this is an ideal time to call your broker and do the in-kind tran...
by hudson4351
Sat Nov 14, 2015 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: Should I make backdoor Roth IRA contributions?
Replies: 17
Views: 2496

Re: Should I make backdoor Roth IRA contributions?

Good catch, I forgot about the possibility of rolling an IRA into a 401k. I will check with my employer next week and see if that is possible. Having said that, the decision to roll an IRA into a 401k (or an old 401k into a new one) doesn't seem very straightforward to me. What if the 401k has bad i...
by hudson4351
Sat Nov 14, 2015 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Should I make backdoor Roth IRA contributions?
Replies: 17
Views: 2496

Should I make backdoor Roth IRA contributions?

Last tax year I contributed $5500 to a Roth IRA but when I filed my taxes learned that I was only eligible to contribute $2500. I had Vanguard recharacterize $3000 of my contribution as a nondeductible contribution to my existing Rollover IRA. Should I start making backdoor Roth IRA contributions? M...
by hudson4351
Sat Apr 25, 2015 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA conversion: question about wiki info
Replies: 5
Views: 465

Re: Backdoor Roth IRA conversion: question about wiki info

There is no requirement to convert all assets. Partial conversions are allowed. If you have a TIRA of 20K with 5K basis and you do a partial conversion of 5K, you cannot cherry pick the basis and make the 5K conversion tax free. The partial conversion of 25% of the TIRA requires that the IRA basis ...
by hudson4351
Sat Apr 25, 2015 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA conversion: question about wiki info
Replies: 5
Views: 465

Backdoor Roth IRA conversion: question about wiki info

I am trying to decide whether it makes sense to start making backdoor Roth IRA contributions/conversions and had a question about the information in the wiki here: m The example given says: If you have any other (non-Roth) IRAs, the taxable portion of any conversion you make is prorated over all you...
by hudson4351
Sat Apr 11, 2015 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: "total ordinary dividends" vs VG transaction history amount
Replies: 2
Views: 435

"total ordinary dividends" vs VG transaction history amount

I invested some money into the Vanguard Total International Stock Fund (VTIAX) in a new taxable account late last year and only collected the 4th quarter dividend. On my 1099-DIV for tax year 2014, the "Total ordinary dividends" for this fund is listed as $314.59, yet when I go to my trans...
by hudson4351
Tue Feb 17, 2015 1:59 pm
Forum: Investing - Theory, News & General
Topic: John Bogle on International Investing
Replies: 184
Views: 21609

Re: John Bogle on International Investing

As much as we Bogleheads like to think we are more rational than the average investor, I think threads like this are proof that even we fall victim to recency bias. The only reason the topic of international vs. domestic has come up so often lately is because US markets have done so well relative to...
by hudson4351
Tue Dec 16, 2014 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: sizeable negative balaance on credit card--how to access?
Replies: 24
Views: 3491

Re: sizeable negative balaance on credit card--how to access

Keep using the credit card until you use up the balance. Judging from your original post you should use it up in 2-3 months. Now I'm waiting to hear the excuses why this isn't reasonable. Do you habitually pay your credit card 3 months in advance? Thanks for the first excuse. OK, how much are we ta...
by hudson4351
Thu Dec 11, 2014 2:34 pm
Forum: Investing - Theory, News & General
Topic: 'Might Jack Bogle Be Wrong for a Change?' [Int'l holdings]
Replies: 49
Views: 5464

Re: 'Might Jack Bogle Be Wrong for a Change?' [Int'l holding

Might Jack Bogle Be Wrong for a Change? Index Fan: These are annualized returns for the last 15 years (longest period on Morningstar's website): 5.26% -- Vanguard Total U.S. Stock Market Index Fund (VTSMX) 3.84% -- Vanguard Total International Stock Market Index Fund (VGTSX) Mr. Bogle is seldom wro...
by hudson4351
Tue Nov 25, 2014 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: How to transfer money from bank to vanguard automatically?
Replies: 20
Views: 4583

Re: How to transfer money from bank to vanguard automaticall

This might be beyond the scope of the bogleheads forum, but for anyone who knows or is willing to learn a scripting language (I use perl, but there are others), it wouldn't be terribly difficult in theory to code up a script that does the following: 1. Login to bank account 2. Check balance (importa...
by hudson4351
Sat Nov 15, 2014 12:29 pm
Forum: Investing - Theory, News & General
Topic: Question about a Vanguard study I read (DCA vs LSI)
Replies: 3
Views: 793

Re: Question about a Vanguard study I read (DCA vs LSI)

Thanks for confirming what I found. I just sent the message to research@vanguard.com. Maybe they will issue a corrected version of the paper.
by hudson4351
Fri Nov 14, 2014 3:07 pm
Forum: Investing - Theory, News & General
Topic: Question about a Vanguard study I read (DCA vs LSI)
Replies: 3
Views: 793

Question about a Vanguard study I read (DCA vs LSI)

I was reading a paper Vanguard published titled "Dollar-cost averaging just means taking risk later": m If you scroll down to Figure 3, it says: The figures represent rankings of LSI balances subtracted from DCA balances. At the 5th-percentile level, for example, 5% of the resulting amount...
by hudson4351
Mon Nov 10, 2014 3:57 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting Doesn't Seem Like a Great Idea
Replies: 57
Views: 9842

Re: Being out of the stock market in safe investments for 30

Keep the money out of the market for 31 days- seems very risky given the importance of really good days (e.g., missing the 20 best days across 20 years reduces your returns by over 6%). Actually, "Keep the money out of the market for 31 days" in a safe non-stock investment is much less ri...
by hudson4351
Tue Nov 04, 2014 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: question about "avoid buying the dividend"
Replies: 24
Views: 4473

Re: question about "avoid buying the dividend"

I guess this just doesn't seem like a big deal to me. If you are a buy and hold investor and buy TSM, you will end up paying taxes on dividend distributions that occur quarterly. Delaying your investing decision because of a dividend payment just seems like kicking the can down the road. Yes, this ...
by hudson4351
Tue Nov 04, 2014 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: question about "avoid buying the dividend"
Replies: 24
Views: 4473

Re: question about "avoid buying the dividend"

For stocks that pay regular dividends quarterly, this probably does not matter. Many mutual funds only pay dividends once a year, and usually late in the year. If you buy in late December and the dividend is paid a few days later and credited as a reinvestment, you will have taxable income in this ...
by hudson4351
Mon Nov 03, 2014 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: "Life Ins Imputed Income Offset"?
Replies: 7
Views: 2861

Re:

Perhaps not worth it for the $12, but for those without need for insurance facing a larger amount they'd rather not deal with, designating a charitable institution (e.g. your college) as the beneficiary makes imputed income non-taxable. (At least that was the case a decade or so ago.) How exactly d...
by hudson4351
Wed Oct 22, 2014 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: question about "avoid buying the dividend"
Replies: 24
Views: 4473

Re: question about "avoid buying the dividend"

They mean you can accumulate the 60 days after you buy the stock. From investopedia: Qualified dividends are taxed at either 0% or 15% depending on the tax status of the investor. Dividends collected with a short term dividend capture strategy fail to meet the necessary holding conditions to receiv...
by hudson4351
Wed Oct 22, 2014 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: question about "avoid buying the dividend"
Replies: 24
Views: 4473

Re: question about "avoid buying the dividend"

I think it's also possible that if you haven't owned the shares at least 60 days, the dividend could be taxed as regular income, and not at the lower rate for qualified dividends. You can round up the 60 days after buying, I believe. Could you elaborate on this? What do you mean "you can round...
by hudson4351
Wed Oct 22, 2014 11:23 am
Forum: Investing - Help with Personal Investments
Topic: question about "avoid buying the dividend"
Replies: 24
Views: 4473

question about "avoid buying the dividend"

I am about to open my first taxable investing account and have been researching the issues unique to taxable accounts. One piece of advice I have found is to "avoid buying the dividend": m m The two articles above advise investors to not make a large purchase of a mutual fund right before ...
by hudson4351
Mon Oct 20, 2014 11:13 am
Forum: Personal Consumer Issues
Topic: Windows XP
Replies: 64
Views: 5906

Re: Windows XP

At this point, you might want to just wait until next spring when Windows 10 will supposedly be released. Many news sites are reporting that MS might offer a full or partial discount on Windows 10 for current XP (and possibly Vista and 7) users.
by hudson4351
Fri Oct 17, 2014 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard REIT index fully contained within TSM index?
Replies: 2
Views: 583

Vanguard REIT index fully contained within TSM index?

Is the Vanguard REIT index fund *fully* contained within the Vanguard total stock market index fund? I was pondering replacing 10% of my TSM allocation with the REIT index fund, but after searching the forums it seems that the REIT index is already represented to some degree within the TSM index. It...
by hudson4351
Tue Oct 14, 2014 10:43 am
Forum: Investing - Help with Personal Investments
Topic: which bond fund should I use?
Replies: 7
Views: 1072

Re: which bond fund should I use?

Bump - any other comments?
by hudson4351
Mon Oct 13, 2014 11:09 am
Forum: Investing - Help with Personal Investments
Topic: which bond fund should I use?
Replies: 7
Views: 1072

which bond fund should I use?

I am opening a taxable account that will contain ~40% bonds and am trying to determine which of the following bond funds I should use: Vanguard Intermediate Term Treasury: m Vanguard Intermediate Term Tax-Exempt: m Vanguard Total Bond Market Index: m All 3 seem to have similar duration and Morningst...
by hudson4351
Mon Sep 15, 2014 11:35 am
Forum: Investing - Help with Personal Investments
Topic: treating all investment accounts as one pool of money
Replies: 26
Views: 3004

Re: treating all investment accounts as one pool of money

Your example is incorrect because you have not kept the 80/20 asset allocation you decided was correct. Do you mean I did not keep the 80/20 asset allocation after my hypothetical rise in bond values? If so, then I would say that in my example I would have to sell bonds in my tax-deferred account a...
by hudson4351
Sun Sep 14, 2014 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: treating all investment accounts as one pool of money
Replies: 26
Views: 3004

Re: treating all investment accounts as one pool of money

Am I missing something here or is my analysis correct? Yes, you are missing something. Here's an example. You start with this: Taxable $100k in stocks IRA $100k in stocks $200k in bonds Let's say you want $50k out of your bonds to buy a nice new car. Taxable $100k in stocks <--Sell $50k and buy the...
by hudson4351
Sat Sep 13, 2014 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: treating all investment accounts as one pool of money
Replies: 26
Views: 3004

Re: treating all investment accounts as one pool of money

I often see on the forum folks asking where to save for non-retirement goals such as (a) a car, (b) home down payment, (c ) remodeling, (d) private K-12 school, and so on. The general answer is to take less risk with these near-term goals and often a savings account or CD is recommeneded. There is ...
by hudson4351
Fri Sep 12, 2014 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: treating all investment accounts as one pool of money
Replies: 26
Views: 3004

treating all investment accounts as one pool of money

I have read on here before that one should treat all investment accounts as a single pool of money for the purposes of asset allocation. Some even say that "all" accounts, even a cash savings account, should also be lumped into this single pool of money. I am having trouble understanding h...